Attention Investors! FULLY occupied, updated fourplex building complex with an attractive cap rate of 7% and an outstanding location! Excellent opportunity to add this income-producing fourplex in Holly Hills to your investment portfolio. Updates include a new TPO roof from 2024. All units have a laundry area/ washer & dryer… Read More located in the basement. Well maintained & upkept investment property - each unit has a functional layout! Private parking in back with additional on street parking. This multifamily property generates approximately $46,020 in annual rental income with reported annual operating expenses of approximately $10,393, producing an estimated Net Operating Income (NOI) of $35,627. Four rental units providing multiple income streams under one roof, this property presents an opportunity for investors seeking immediate rental income, portfolio growth, and long-term appreciation potential. Centrally located - urban living w/ quick highway access, close to Carondelet Park, right by shopping & all other amenities. This is an exceptional opportunity to add this cash flowing to your portfolio! Call NOW Read Less
Listing courtesy of EXP Realty, LLC, 866-224-1761.
Listing Snapshot
Days Online
67
Last Updated
Property Type
2-4 Units
Square Ft.
3,552
Lot Size
0.15 Acres
Year Built
1927
MLS Number
26051182
Additional Details
Basement
Full
Building
Built in 1927, Living area: 3552, 1 building, Levels: Two, Construction Materials: Brick
Community
4 units in community
Cooling
Central Air
Disclosures
See Seller's Disclosure
Exterior Features
Patio/Porch Features: Front Porch
Heating
Forced Air
Interior Features
Ceiling Fan(s), Eat-in Kitchen
Laundry
In Basement, Electric Dryer Hookup, Multiple Locations, Washer Hookup
Lot
0.1532 acres, City Lot
Owner Pays
Insurance, Sewer, Taxes, Trash, Water
Parking
4 total parking spaces, Additional Parking, Off Street, On Site, On Street, Parking Pad
Taxes
Parcel Number: 5863-00-0130-0, Annual Amount: $3,161, Legal Description: C.B.5863 BATES 47 FT 6 IN X 142 FT 0 3/4 IN/142 FT 2 IN GRAND DOVER PARK ADDN BLOCK 1 LOT 13 & E14, Year: 2025
Utilities
Water Source: Public, Ameren
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